Company/Organisation:
Piaggio
Geographic Location
Country:
Spain
Region:
Comunidad de Madrid
Location of affected unit(s):
Arganda del Rey
Company
Sector:
Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Employment Effects
Announcement Date:
03-08-2002
Planned Job Reductions min:
103
Planned Job Reductions max:
103
Type of Restructuring:
Relocation
Additional Information
Shutdown of the unit in Arganda del Rey (Madrid) and relocation an existing unit at Derby (Barcelona). This is due huge decrease of the spanish demand for motocycles.